undervalued!!!!

i have just done some back of the envelope figures on DOM based on today's quaterly report.

at $1.42 the market cap of DOM is $142million.
based on 120,000oz annualised gold production (now looks a certainty) and a gross operating margin of well over $350/oz, gross profit should be > $42million.

the spot price of gold is way over the $659/0z which DOM got in the last quarter.

so i ask, how cheap is DOM?

i bought a few of these today after being impressed with the production numbers reported.

current mine life is 3 years with good prospects for a longer life.

I am not an analyst so please do your own research but this looks way too cheap to me.....surely a share price well over $2 is not far away?

cheers